Brief: NZ Markets Disciplinary Tribunal Approved Settlement Agreement Between Nzx Ltd & Blackwell Global

RTO

26/11/2021 01:32

Nov 26 (Reuters) - Blackwell Global Holdings Ltd  BGI.NZ :
    * HAS APPROVED SETTLEMENT AGREEMENT BETWEEN NZX LTD, ACTING
BY &
THROUGH NZ REGCO & BLACKWELL GLOBAL DATED 12 NOV
    * BGI ACCEPTS FINDINGS BY NZ REGCO THAT IT BREACHED RULES ON
ENTRY
OF INCORRECT NTA DATA ON 25 JUNE 2020
    * BGI ACCEPTS THAT A PENALTY SHOULD BE IMPOSED BY THE
TRIBUNAL FOR
THESE BREACHES
    * BGI WILL PAY TO THE NZX DISCIPLINE FUND A FINANCIAL
PENALTY OF
NZ$40,000 FOR THE BREACH

Further company coverage:  BGI.NZ 

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